In an ironic example of the blue-collar/white-collar dichotomy in golf, right around the time that Tiger Woods was running his Escalade into a fire hydrant after failing to keep Vegas in Vegas, Phil Mickelson found himself subjected to an insider trading investigation.
Details and differences in the plea agreements entered by former Donald Trump associates Paul Manafort and Michael Cohen provide some insights into potential flexibility in cutting deals with federal prosecutors.
Reasonable minds can always differ about individual outcomes, but the criminal justice system seems to work best when the cards are dealt early and everyone knows more than half of what the others are holding.
Money laundering is transferring the proceeds of an unlawful activity by means and methods that are designed to conceal the nature or source of the money. 18 U.S.C. § 1956. The Bank Secrecy Act requires financial institutions in the United States to file a report for any deposit or withdrawal of more than $10,000. In evaluating liability for money laundering, there are two threshold issues to keep in mind.